stipend

Instead, the USOPC, the national governing body responsible for supporting and overseeing Team USA, is responsible for providing financial support for athletes in the form of stipends, grants and health insurance.

According to Smith, some families are already receiving insurance stipends and can choose to spend it on either rent or a new mortgage.

To compensate them, the Homecoming Project provides a stipend of $8,600 for the six months.

Her monthly $500 stipend helped stabilize her yarn store and improve her housing situation with her daughter.

Jarmond also receives a yearly $5,400 vehicle stipend and an annual allotment of Nike athletic apparel.